SOLD

214 & 216 Initiative Avenue SE

Industrial in Shepard Industrial, Calgary SE

$884,000
  • Built 2012
Here is a great Industrial Bay in Calgary SE Shepard Industrial with a million-dollar mountain view accompanied by a large water feature. This listing consists of 2 bays 1780 sq/ft each for a total footprint of 3,500 sq. Ft. There are two reception areas, 3 offices, a coffee/break room, 2 bathrooms and a large mezzanine providing panoramic views of the Rocky Mountains and wildlife pond park sanctuary. The lighting has been upgraded to LED. The construction of the mezzanine has been fully permitted and the heating and cooling system to the office area and mezzanine was fully upgraded with full high velocity heat delivered to all office areas. A/C unit installed on the roof and fresh air return system also installed on the roof. In all the renovation work completed cost over $160,000.00. Mezzanine offers additional office space configurations to fully appreciate the mountain vistas. There are two 14-foot-high garage doors and two-man doors to the back loading area. There is also a large fenced in storage laydown area directly behind the warehouse assigned to these units. The front of the building faces the large park and pond and there are 6 parking spots assigned to these two units. Great access to Technology Way, Glenmore Trail, and the Southeast Ring Road. Great commercial investment opportunity: Unit 214 & 216 have generated monthly income of $9,225.00. For business owners the vendor is willing to consider a lease to own arrangement or carrying the financing depending on the circumstances. Call today to view!
Address 214 & 216 Initiative Avenue SE
List Price $884,000
Property Type Commercial
Type of Dwelling Industrial
Area Calgary SE
Sub-Area Shepard Industrial
Year Built 2012
MLS® Number A2020722
Listing Brokerage OPTIMUM REALTY GROUP
Postal Code T3S 0B7
Zoning DC
Site Influences Back Lane, Paved, Street Lighting